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clinton erskine bowles. gentlemen, wonderful to have you on the program. i want to first get to this. have either of you or together both of you been asked to participate in any way in these fiscal cliff negotiations? >> i've talked to most of the members of the white house. i met over the last couple of days with what's called the gang of eight, four republican senators and four democrat senators. i'm going to update alan as soon as this ends. >> senator, you have not been involved in these talks so far. >> he's an hour away. i'm all day away. i live in wyoming. today we're 2 1/2 hours late getting out of denver. i have to get my good threads on later. erskine is the numbers guy. he's done this before. he's the last human being on earth to balance the budget in 1996. he knows the game. he furnishes it back to me. he has my proxy on every occasion. >> we work on it together. >> i guess we're all trying to figure out why it is that the plan has gotten blown off for, you know, a bad choice of words, maybe. eve
clinton erskine bowles. gentlemen, wonderful to have you on the program. i want to first get to this. have either of you or together both of you been asked to participate in any way in these fiscal cliff negotiations? >> i've talked to most of the members of the white house. i met over the last couple of days with what's called the gang of eight, four republican senators and four democrat senators. i'm going to update alan as soon as this ends. >> senator, you have not been involved...
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. >> you said that about bill clinton in 1993. not a single republican voted for his tax increase, and we had 23 million new jobs. >> it doesn't keep up with population growth. >> i'll tell you this. >> we are not growing our way out of this, and obama doesn't want to grow. >> regarding the clinton tax hike of '93, first of all, the economy didn't do so great after that tax hike. it was later when he cut the capital gains tax. >> that's not true, larry. look at the numbers, larry. that's not true. >> we cut spending, keith. >> but the fact is, george papa bush gave clinton a really strong 4% economy. right now you've got a whole different situation. >> wait a minute. so you can talk about the senior bush but you can't talk about the younger bush and what he gave president obama? is this not hypocrisy? >> papa bush gave him a better economy. i've got to get out of here. >> it's after the election, you lost, larry. get over it. >>> do you think someone earning $250,000 a year is rich? please tweet us @thekudlowreport. we'll read the
. >> you said that about bill clinton in 1993. not a single republican voted for his tax increase, and we had 23 million new jobs. >> it doesn't keep up with population growth. >> i'll tell you this. >> we are not growing our way out of this, and obama doesn't want to grow. >> regarding the clinton tax hike of '93, first of all, the economy didn't do so great after that tax hike. it was later when he cut the capital gains tax. >> that's not true, larry. look...
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the way you do fiscal consolidation, also the way bill clinton did, was heavy on the spending cuts, lighter on the tax increases. this is an eu style tax hike-heavy austerity and we may get the same results. >> you are not rising above, jimmy. i've got to tell you. >> i'm rising into the truth. >> no. the 1.7 trillion in spending cuts already on the books does not include war savings. you're right to bring that up, but that's not in there. >> i didn't say it did. >> i thought you said it did. it does not include war savings. and there is absolutely nothing to worry about -- >> what does it include? >> let me finish. jimmy. >> no, it's larry. it's huggy -- >> the expiration of the top two tax cuts does not -- >> no, it's huggy kissy larry. >> thank you, larry. >> i'm trying to figure out where this trillion-dollar spending cut is coming from. because the wartime stuff has already been counted. the 1.2 trillion that was in this budget control act is off the table. they're ending sequestration. they're ending the automatic cuts. it's gone. it's history. so look. i hope boehner can pull a rabbi
the way you do fiscal consolidation, also the way bill clinton did, was heavy on the spending cuts, lighter on the tax increases. this is an eu style tax hike-heavy austerity and we may get the same results. >> you are not rising above, jimmy. i've got to tell you. >> i'm rising into the truth. >> no. the 1.7 trillion in spending cuts already on the books does not include war savings. you're right to bring that up, but that's not in there. >> i didn't say it did....
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meantime, former chief of staff for bill clinton bowles on closing bell yesterday talking about the long-term consequences of the fiscal cliff. >> if we do get our house in order, the future of america is bright and can compete with the best and brightest wherever they are. if we don't, we're on our way to becoming a second-rate power. >> joined by illinois congressman peter ross couple. he sits on the ways and means committee and joins us with john harwood and myself at the white house. congressman, good morning. >> hey, good morning, great to be with you. >> we already have the president wishing the speaker a happy birthday. i guess baby steps. right? how do you think the tone is shaping up today? >> i think the tone is good. look. president obama won on tuesday last. the speaker of the house congratulated him and lid out a pathway for the president to lead the nation on how to avoid the fiscal cliff and transform us in to the world class status we want to stay and maintain. so far i think the language is good. there's opportunities i think to find common ground. there's no voices on the re
meantime, former chief of staff for bill clinton bowles on closing bell yesterday talking about the long-term consequences of the fiscal cliff. >> if we do get our house in order, the future of america is bright and can compete with the best and brightest wherever they are. if we don't, we're on our way to becoming a second-rate power. >> joined by illinois congressman peter ross couple. he sits on the ways and means committee and joins us with john harwood and myself at the white...
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bill clinton did it. we had six of the best years we've had in the last 60. >> it sounds like there's a bit of a yawn, a gap, between what crystal said on sunday and what rich trunka appeared to say or wanted to say yesterday outside of the white house. is it clear to you that labor and the left and moveon are being more rigid than some of the leading conservative thinkers? >> sure. and that's up to the president to manage that. if he gets the increase in rates or something very close to what he's asking for and gets substantial elimination of corporate loopholes and some individuals like romney plan, then we've got to go back to our base and say, yes, we've got to cut entitlements too because it's got to be part of a deal that has spending cuts at a significant level above the 1 trillion we've already done and revenue. look, unless we do 4 trillion to 5 trillion, we're not doing anything in my judgment that's particularly meaningful. >> walk me through the optics of what we'll see today. grover norquist
bill clinton did it. we had six of the best years we've had in the last 60. >> it sounds like there's a bit of a yawn, a gap, between what crystal said on sunday and what rich trunka appeared to say or wanted to say yesterday outside of the white house. is it clear to you that labor and the left and moveon are being more rigid than some of the leading conservative thinkers? >> sure. and that's up to the president to manage that. if he gets the increase in rates or something very...
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the reverend and i might disagree, if it came to jack welch or bill clinton, they made decisions in how to live their private lives, use of public resources, i think there are some criteria for judging here and it isn't a blanket morality. >> it is multilayer. that's why we try to bring it in. where's the line for what matters for business. thank you very much. take care of. >> thank you for having us. >>> next, america, that close to being the king of oil. see what our world might look like if we had full energy independence. that's next. ♪ ♪ ♪ [ male announcer ] 'tis the season to discover the kid in all of us. the memories that last, start with the gifts that last. ♪ enjoy free shipping and great values on your holiday shopping from l.l.bean. since ameriprise financial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. t
the reverend and i might disagree, if it came to jack welch or bill clinton, they made decisions in how to live their private lives, use of public resources, i think there are some criteria for judging here and it isn't a blanket morality. >> it is multilayer. that's why we try to bring it in. where's the line for what matters for business. thank you very much. take care of. >> thank you for having us. >>> next, america, that close to being the king of oil. see what our...
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. >> we were tying it all the way remember with bill clinton, becky, bill clinton realizes no matter what happens the next four years will be good, housing recovers, so if he doesn't make sure the president's reelected then hillary can't run in 2016 because romney would be an eight-year president. whoever is there is going to get credit for it. steve, are we guaranteed the next four years as housing recovers no matter what policies we pursue it's going to be 3% or 4% growth? >> sadly no. in 2008 before we had the financial panic in september and depressed housing markets like phoenix, las vegas and a couple other areas we started to see signs of life again so if you get government out of the way, housing would recover far more quickly and let the markets clear, recover far more quickly. the key thing you got to have stable money, don't pile on new taxes and don't pile on all of the new regulations that are coming. those are crushers. >> i want to know whether reinhardt-rogoff was right. if we stay slow for four years it was more than the financial crisis, that washington policy -- >>
. >> we were tying it all the way remember with bill clinton, becky, bill clinton realizes no matter what happens the next four years will be good, housing recovers, so if he doesn't make sure the president's reelected then hillary can't run in 2016 because romney would be an eight-year president. whoever is there is going to get credit for it. steve, are we guaranteed the next four years as housing recovers no matter what policies we pursue it's going to be 3% or 4% growth? >>...
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so bill kristol says, do that, make sure that most americans don't get any tax increase come january 1st. there will be plenty of republicans who will oppose any tax rate because it goes against their commitment not to raise tax rates, a equipment that governor norquist by signing those pledges, as you well know, ashleigh. my gut tells me there will be maneuver ra built between the president and john boehner. the president wants to make sure that rich people pay a little more in taxes. boehner says he's open to that but not by raising the so-called tax rate. he's opened to that by eliminating tax loopholes and exemptions and generating tax revenue by an improved economy if the gdp goes up. people will be making more money, presumably, that's the theory. there's some maneuverability. i suspect the pressure is so great that they will get some kind of a deal. it may not be a permanent deal but maybe enough to kick the ball down the road and study major tax reform over the next year. >> and so the congressional budget office came out with a report last week that seems to give the republi
so bill kristol says, do that, make sure that most americans don't get any tax increase come january 1st. there will be plenty of republicans who will oppose any tax rate because it goes against their commitment not to raise tax rates, a equipment that governor norquist by signing those pledges, as you well know, ashleigh. my gut tells me there will be maneuver ra built between the president and john boehner. the president wants to make sure that rich people pay a little more in taxes. boehner...
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go to oralb.com for the latest offers. >>> former president bill clinton's familiarity with pain killers goes back to when he lived in the white house. have you ever been prescribed a medication like this? >> well, i did take some painkillers when i tore my -- 90% of my quadracep, but i tried to be very careful and i was in a lot of pain. >> and years after leaving the oval office, he once again would need pain pills. he and his doctors were cautious. >> after my heart surgery, you know, i hurt pretty bad for three weeks so i got some medicine, but i really tried to get off it as quick as i could and my doctors were really good about it, you know, telling me, take this if it's killing you, but be careful. >> poison center this is rosie. >> be careful, it's warning that might prevent call after call pouring in here at the washington poison center. >> poison center, this is debra. >> i wasn't getting pain relief and i took too many oxycodone. i, took, um, five ten-milligram oxycodone, and i'm feeling really shaky, light-headed. i'm just nervous. >> for the most part this hasn't been recogn
go to oralb.com for the latest offers. >>> former president bill clinton's familiarity with pain killers goes back to when he lived in the white house. have you ever been prescribed a medication like this? >> well, i did take some painkillers when i tore my -- 90% of my quadracep, but i tried to be very careful and i was in a lot of pain. >> and years after leaving the oval office, he once again would need pain pills. he and his doctors were cautious. >> after my...
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one is, i understand the first person the president called after knowing that he won was bill clinton. is that right? >> exactly, yes. >> does he feel a debt of gratitude to him? >> well, there's no question about it. as he said to president clinton, he was the most valuable player in this campaign. and we got a chance to spend some time with president clinton over the weekend. he just campaigned his heart out. and he was a -- because he believes that there were two choices here and one led us forward and one led us back. and he was very effective out there. there is a strong sense of gratitude and i think the president is looking forward to calling on president clinton in the future for advice, council and assistance as we move this country forward. >> secondly, the biggest tragedy of the whole evening for many of us was the fact that your mustache gets to stay on. are you a relieved man this morning? >> i will say, when i made the bet, the bet was if we lost pennsylvania, michigan or minnesota i would shave off my mustache. i did it with complete confidence that this mustache, which
one is, i understand the first person the president called after knowing that he won was bill clinton. is that right? >> exactly, yes. >> does he feel a debt of gratitude to him? >> well, there's no question about it. as he said to president clinton, he was the most valuable player in this campaign. and we got a chance to spend some time with president clinton over the weekend. he just campaigned his heart out. and he was a -- because he believes that there were two choices...
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. >> they do, but there is hip pock chris circumstance look at bill clinton. he is one of the most revered and popular ex-presidents in history and you he was a pretty naughty boy as president, you know? i don't think the american public are quite as puritanical to people they linings as to people maybe they don't like so much. >> like whom? >> eliot spitzer would come to mind. >> that wasn't exactly an affair. that was a business arrangement, right? a little different, i think. but you are right. i think the public cuts a lot of soft core for those they love. >> "capturing camelot," a guy called stanley, an official photographer for the kennedys. >> he really wasn't, piers, he was a real old-time photojournalist who had immense access to the kennedys. >> but wasn't official? >> no. no. >> they just let him in. >> they let him n and they let him in for the reasons we were just talking about. they -- he had a very symbiotic relationship with the kennedys. he made them look good and they gave him access. >> they understood the power of this kind of image. i mean
. >> they do, but there is hip pock chris circumstance look at bill clinton. he is one of the most revered and popular ex-presidents in history and you he was a pretty naughty boy as president, you know? i don't think the american public are quite as puritanical to people they linings as to people maybe they don't like so much. >> like whom? >> eliot spitzer would come to mind. >> that wasn't exactly an affair. that was a business arrangement, right? a little different,...
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tax rate for the wealthy from 35% to 39.6%, which it was during the bill clinton administration. will the democrats -- and you know the democrats in the house and the senate and the president go along with these serious cuts in spending in entitlements, for example, medicare, social security, medicaid, all those spending cuts that the democrats usually hate. >> first of all, i want to tell my friend, dana, i believe the democrats have a mandate. we don't have to sit around for the next two years and listen to the republicans whine and complain about tax cuts going up. president obama extended the bush tax cuts for two years. he's put forward a grand bargain. republicans reject that had. the democrats defeated 16 republican incumbents last week. i think the house democrats will be in a position to work with mr. boehner to try to get the votes. mr. boehner has never been able to deliver the votes without ms. pelosi and the democrats delivering those votes. i think the democratic position is to come up with a fair and balanced proposal to not raise taxes on the middle class and to n
tax rate for the wealthy from 35% to 39.6%, which it was during the bill clinton administration. will the democrats -- and you know the democrats in the house and the senate and the president go along with these serious cuts in spending in entitlements, for example, medicare, social security, medicaid, all those spending cuts that the democrats usually hate. >> first of all, i want to tell my friend, dana, i believe the democrats have a mandate. we don't have to sit around for the next...
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bill clinton. >> i did not have sexual relations with that woman. impeached after the lewinsky mess. . that's trouble for roughly 100% of reelected presidents since 1972. enough to give you second thoughts about that second term. so, is there anything the obama team can do to prevent this? now, as bill clinton might say -- >> it depends upon what the meaning of the word is. >> the fact is, if there is going to be a second term scandal, it's seeds were probably sewn in the first term. the watergate break in, nixon's first term -- >> if the obama team was going to mess up, history suggests they already did. maybe it's something that has made headlines already, but maybe not, the lewinsky scandal didn't surface in 1998, maybe the obama administration will make it's own history and avoid a second term scandal. if not, disney world will seem very appealing. >> in the president's news conference, he said he was well aware of the history of presidential overreach in second terms. you get the sense of anyone that much aware of presidential history knows tha
bill clinton. >> i did not have sexual relations with that woman. impeached after the lewinsky mess. . that's trouble for roughly 100% of reelected presidents since 1972. enough to give you second thoughts about that second term. so, is there anything the obama team can do to prevent this? now, as bill clinton might say -- >> it depends upon what the meaning of the word is. >> the fact is, if there is going to be a second term scandal, it's seeds were probably sewn in the...
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president bill clinton to former new york congressman anthony wiener. we'll take a look at powerful people behaving badly. so what do you think? basic. at meineke i have options... like oil changes starting at $19.95. my money. my choice. my meineke. >>> we're waiting for president obama. he is in new york right now getting a close-up look at the damage from hurricane sandy. he is in staten island. he will be addressing the photographers, reporters there that facility. as soon as he goes up to the podium, we'll bring that to you live. >>> petraeus might be the most recent example of a powerful person having an extramarital affair. not the first. more than 200 years ago, founding father hamilton admitted to cheating. in recent years, president kennedy's affairs, lyndon b. johnson allegedly had a buzzer that sounded when his wife was on the way. what makes powerful people do it? clinical psychologist jeff gardere joining us. >> good to see you. >> when you look at the example of petraeus and whether the affair, the e-mails, powerful person and the two wom
president bill clinton to former new york congressman anthony wiener. we'll take a look at powerful people behaving badly. so what do you think? basic. at meineke i have options... like oil changes starting at $19.95. my money. my choice. my meineke. >>> we're waiting for president obama. he is in new york right now getting a close-up look at the damage from hurricane sandy. he is in staten island. he will be addressing the photographers, reporters there that facility. as soon as he...
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in the 1990s, there was a presidential endorsement as president bill clinton included a twinkie in the millennium time capsule. we've seen it put to the test for shelf life. now the twinkie needs someone to come to its rescue or we'll have to say goodbye to the twinkie for good. >> i once remember having a deep-fried twinkie at the minnesota state fair. that's a good memory. we have much more aned the next hour of "cnn saturday morning", which starts right now. >>> good morning, everyone. i'm randi kaye. glad you're with us. on the brink of war, as fighting escalates between israel and hamas, experts say there will likely be a lot more bloodshed before the violence stops. we are only 45 days away until the fiscal cliff deadline. could a deal get done before it's too late? we'll take a look at the likelihood of that happening or not. >>> and pets abandoned because of superstorm sandy. four-legged victims in need of help. i'll take you on a ride along with their new guardians. >>> despite calls around the world for restraint, the situation along the israeli-gaza board ser rder is deterio
in the 1990s, there was a presidential endorsement as president bill clinton included a twinkie in the millennium time capsule. we've seen it put to the test for shelf life. now the twinkie needs someone to come to its rescue or we'll have to say goodbye to the twinkie for good. >> i once remember having a deep-fried twinkie at the minnesota state fair. that's a good memory. we have much more aned the next hour of "cnn saturday morning", which starts right now. >>> good...
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even as high-ranking, frankly, as former president bill clinton to go and be the negotiator. i know he would hate me for saying that, but we need a person of enormous prestige and influence to have these parties sit down together as an honest broker. >> in 1993 president clinton brought then palestinian leader yasser air fought, and then israeli prime minister brabine together for an iconic handshake at the white house. he also had the first face-to-face agreement between the -- ultimately, it did not fulfill either side's expectations. president clinton tried again at the camp david 2000 summit, but, again, it ended without an agreement on the peace -- on peace in the region. james ruben serves as president clinton's assistant secretary of state for public affairs. he is joining us from new york. jamie, good to see you, as always. if you were advising the president here, do you think he should accept the task? >> well, i think bill clinton will do what's asked much him, but i think it's fair to say the circumstances are very, very different today than they were back, i guess
even as high-ranking, frankly, as former president bill clinton to go and be the negotiator. i know he would hate me for saying that, but we need a person of enormous prestige and influence to have these parties sit down together as an honest broker. >> in 1993 president clinton brought then palestinian leader yasser air fought, and then israeli prime minister brabine together for an iconic handshake at the white house. he also had the first face-to-face agreement between the --...
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mccain says former president bill clinton should get involved. when he was president, mr. clinton held negotiations at camp david between israel and the palestinian authority. here's what mccain had to say about it on cbs' "face the nation." >> try to find someone, even as high-ranking, frankly, as former president bill clinton. to go and be the negotiator. i know he'd hate me for saying that but we need a person of enormous prestige and influence to have these parties sit down together. >> all right. the latest recount in florida shows congressman allen west trailing his democratic challenger patrick murphy by nearly 2,000 votes. west, a tea party favorite, is trying to keep this seat representing florida's 18th congressional district. unofficial numbers posted on sunday evening on the florida secretary of state's website give murphy an edge, 166,257 to 164,353 for west. >>> all right. 2016 is a long way away, but florida senator marco rubio sure looked like a presidential candidate during a visit to iowa. rubio appeared saturday night at a big fund-raiser for iowa govern
mccain says former president bill clinton should get involved. when he was president, mr. clinton held negotiations at camp david between israel and the palestinian authority. here's what mccain had to say about it on cbs' "face the nation." >> try to find someone, even as high-ranking, frankly, as former president bill clinton. to go and be the negotiator. i know he'd hate me for saying that but we need a person of enormous prestige and influence to have these parties sit down...
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the republican party, it remains to be seen who our bill clinton will be. we will have a incredibly difficult time winning elections for the foreseeable future absent an ability to communicate in a much more effective way. thank you very much. >> i want to thank both of you for coming up here tonight. you can see all of us here in delaware are very appreciative. [applause] i know we want to talk about the future, and we have to do that. but there are a few things we need to clear up about what happened in the election. i want to ask each of you whether there were ah-ha moments or oh, s -- moments in the course of the campaign. david, you were watching the first debate, i am sure, probably glued to the television set. how many minutes into the debate to realize it was an o.s. moment? >> i figured you would go there. i was joking earlier talking to some of the students. in some respects this was inevitable to happen. i think with the history of presidential incumbents, president bush's first debate with senator kerry. >> an inspiring performance. >> yes. unmi
the republican party, it remains to be seen who our bill clinton will be. we will have a incredibly difficult time winning elections for the foreseeable future absent an ability to communicate in a much more effective way. thank you very much. >> i want to thank both of you for coming up here tonight. you can see all of us here in delaware are very appreciative. [applause] i know we want to talk about the future, and we have to do that. but there are a few things we need to clear up about...
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clinton expire. that meant the so-called payroll rules that you could not end up doing that finance it cuts, could not expand new government programs of the should pay for it. they expired. washington spun out of control. three things happen in 2003. the second round of tax cuts, we could not afford them. we invaded a sovereign nation without declaring war, without paying for it -- iraq. we expanded medicare to add prescription drugs, added $8 trillion to medicare was already underfunded about $20 trillion. irresponsible. things have frankly gotten worse since. host: mike, centerville, massachusetts. a democrat. caller: hi. i am wondering why since our healthcare system is one of the biggest drivers on our national debt what we never hear cbo numbers comparing single payer to the private situation have in place now. guest: mike, cbo is generally requested to do work. frankly, they have a huge supply and demand imbalance. they're getting a lot more requests than resources -- then they have resources t
clinton expire. that meant the so-called payroll rules that you could not end up doing that finance it cuts, could not expand new government programs of the should pay for it. they expired. washington spun out of control. three things happen in 2003. the second round of tax cuts, we could not afford them. we invaded a sovereign nation without declaring war, without paying for it -- iraq. we expanded medicare to add prescription drugs, added $8 trillion to medicare was already underfunded about...
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they do it to jimmy carter who is like the walking dead and bill clinton. but george bush don't do that. we're too busy -- he's been dead for 70 years. guest: he's fire this morning. on that second point i agree with him on the compromise. on the second point that's just political talk and i would encourage you to ignore it all just like i do and recognize ofs people just being kind but loose and frivolous and after all pun dents get paid by the word so they have to say that for factsomething even if they're wrong. host: george knew when he made the prediction his column only required three words, i was wrong. guest: he didn't say that did he? host: no, as far as i know. guest: american people like to hear people say they are wrong when they are wrong. even dick morris he is seen his time in politics come and go. host: he predicted a landslide. guest: he predicted sharon brown would have to find a new job. he predicted bill nelson would lose in florida. he got every single thing wrong but at least the next day he said i was wrong. carl rove has yet to say t
they do it to jimmy carter who is like the walking dead and bill clinton. but george bush don't do that. we're too busy -- he's been dead for 70 years. guest: he's fire this morning. on that second point i agree with him on the compromise. on the second point that's just political talk and i would encourage you to ignore it all just like i do and recognize ofs people just being kind but loose and frivolous and after all pun dents get paid by the word so they have to say that for factsomething...
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clinton fifth tax increase was going to cause a massive recession. every single one. every single republican pollster said mitt romney was going to win. they were 100% wrong, and we had a boom instead. they have no credibility. they are wrong about everything. they lie about everything. >> do you feel better? ok. anything you want to get off your chest? you indicated that you have a formal thing you would like to discuss. use the opening remarks, even though we are already open. you can get up there, if you like. >> it is a slide show. >> a slide show. i am sorry. >> you are going to make the rest of us look bad, you know. >> i thought everybody would have won. -- one. i guess when i started thinking about the fiscal cliff, and what the options are, i came up with essentially three. when is to do nothing and hit the cliff, and let the cuts go into play, the tax increases go into play, we have been talking about here. the other is to avoid the cliff and strike some sort of grand bargain, to jump before you hit the cliff. the last one is the one that e
clinton fifth tax increase was going to cause a massive recession. every single one. every single republican pollster said mitt romney was going to win. they were 100% wrong, and we had a boom instead. they have no credibility. they are wrong about everything. they lie about everything. >> do you feel better? ok. anything you want to get off your chest? you indicated that you have a formal thing you would like to discuss. use the opening remarks, even though we are already open. you can...
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Nov 18, 2012
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bill clinton raised at one point, but we have not done anything to touch the rates. the flow of capital investment and people is going to follow up of countries that have a more competitive environment. we have reformed the tax code and when we do that, you will get more revenue, it is guaranteed. we talked about earlier, there are opportunities here, for us as a country. for the joint tax analysis and what it could mean for macro- economic growth, ultimately it will lead to more growth. >> but if the president insists and says as he did last friday that this was fought over in the campaign and we fought over rising tax rates the white house tax secretary said the president would veto every bill that extends the current tax rate. if he insists that they go up, what would your recommendation be? >> having looked in two -- having worked in two white houses, first you want a president that can veto the -- the fiscal secretary, first of all. first of all, it was a bit behind the curve. it makes no sense whatsoever. add more layers on top of it. the able to create jobs. i
bill clinton raised at one point, but we have not done anything to touch the rates. the flow of capital investment and people is going to follow up of countries that have a more competitive environment. we have reformed the tax code and when we do that, you will get more revenue, it is guaranteed. we talked about earlier, there are opportunities here, for us as a country. for the joint tax analysis and what it could mean for macro- economic growth, ultimately it will lead to more growth....
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Nov 13, 2012
11/12
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bill clinton and david stockton can agree on something. they are more sensible than some in the political arena today. the point about dependency on public assistance -- i have not looked at this recently. i received permission to engage welfare reform. we meet the whole process much more work related. you have to participate in job- training. when a job came open, you had to take it. welfare rolls move down substantially. i think that is how the process should work. there should be a temporary way station, back to being a taxpayer once again. that is my take on ait. host: here is a tweet from jah08. guest: well, there is never a great time to raise taxes. with the economy on the along at an anemic growth rate and with being stagnants for a decade, you probably should wait to raise taxes until the economy has achieved a self sustaining growth. most people would say that is probably 3%. wealthiest americans can afford to do more and should be asked to do more. many say, "i would be happy to give more but i want to know it goes to the defici
bill clinton and david stockton can agree on something. they are more sensible than some in the political arena today. the point about dependency on public assistance -- i have not looked at this recently. i received permission to engage welfare reform. we meet the whole process much more work related. you have to participate in job- training. when a job came open, you had to take it. welfare rolls move down substantially. i think that is how the process should work. there should be a temporary...
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Nov 14, 2012
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clinton left office, we are going over the fiscal cliff? >> i do not see a realistic way to solve this without a recognition -- let's see the positive side. it is encouraging to see the leadership recognize that we are going to have to generate a modest amount of additional revenues from high income -- that is a good recognition. we are just at the beginning. we will get people -- we will see how it goes. i agree, this is going to be tough. i know the lack of clarity and resolution is going to be a burden and a source of uncertainty. this is something we will have to go through. we will govern this country better, find a better way to support things that improve the long-term growth prospects, we have to find a way to resolve the divide on this question about the long-term. that is worth trying to do. >> as you said and the president said, we have to both raise taxes and restrain spending. the proposal so far on medicare has been largely limited to the provider side. is the president going to leave here with a proposal to do something diffe
clinton left office, we are going over the fiscal cliff? >> i do not see a realistic way to solve this without a recognition -- let's see the positive side. it is encouraging to see the leadership recognize that we are going to have to generate a modest amount of additional revenues from high income -- that is a good recognition. we are just at the beginning. we will get people -- we will see how it goes. i agree, this is going to be tough. i know the lack of clarity and resolution is...
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Nov 19, 2012
11/12
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president, i knew bill clinton. [laughter] our ideas work. their ideas don't. he last the month years, our economy has grown to 1.5% per year. that is less than half the historical average. this president is fond of saying he inherited the worst economy in the history of the universe. everything, by the way, is george w. bush's fault. much historical memory when he makes the argument. any of you remember 1978-1979? double-digit unemployment, 22% interest rates, gas lines, stagflation. in 1980, a different president got elected. ronald reagan, like barack obama, inherited a struggling economy. ronald reagan implemented policies 180 degrees opposite of barack obama. instead of checking up taxes, he cut taxes. instead of exploding spending and the death, he restrained growth and spending. instead of -- debt, he restrained growth and spending. instead of releasing the hounds of regulators on small businesses and rescue -- entrepreneurs, reagan limited regulation. the result was one of the strongest person of economic activity our nation has ever seen. the fourth ye
president, i knew bill clinton. [laughter] our ideas work. their ideas don't. he last the month years, our economy has grown to 1.5% per year. that is less than half the historical average. this president is fond of saying he inherited the worst economy in the history of the universe. everything, by the way, is george w. bush's fault. much historical memory when he makes the argument. any of you remember 1978-1979? double-digit unemployment, 22% interest rates, gas lines, stagflation. in 1980,...
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Nov 16, 2012
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president, i knew bill clinton. [laughter] our ideas work, their ideas don't. the last four years our economy has grown 1.5% a year. that is less than half the historical average. for 70 years, we have averaged 3.3% growth a year. now, this president is fond of saying he inherited the worst economy in the history of the universe. [laughter] >> and everything by the way, is george w bush's fault. he doesn't have much historical memory when he makes that argument. any of all remember 1978, 1979, double-digit unemployment, 22% interest rates, gas lines, stagflation. in 1980, a very, very different president got elected. ronald reagan like barack obama inherited a struggling economy. and reagan implemented policies 180 degrees opposite those of obama. instead of jacking up taxes, he slashed taxes. instead of exploding spending and the debt, he restrained the growth of spending and instead of unleashing the hounds of regulators, by the way, when i think of regulators, i can't help thinking of mr. burns saying "release the hounds!" [laughter] >> instead of releasing
president, i knew bill clinton. [laughter] our ideas work, their ideas don't. the last four years our economy has grown 1.5% a year. that is less than half the historical average. for 70 years, we have averaged 3.3% growth a year. now, this president is fond of saying he inherited the worst economy in the history of the universe. [laughter] >> and everything by the way, is george w bush's fault. he doesn't have much historical memory when he makes that argument. any of all remember 1978,...
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Nov 14, 2012
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as did bill clinton with the republican controlled house and republican controlled senate after a more resounding second term victory then president obama. both examples, both of them, illustrate the rare opportunity that divided government presents. president obama can follow suit or he can take the extremist view that both reagan and clinton rejected by founding his nose at the other side and insisting that if republicans are not willing to do things his way he will not do anything at all. if the president is serious, he will follow the lead of president reagan and clinton. if he is really serious, he will put the campaign rhetoric aside, propose a realistic resolution that can pass a republican controlled house and a divided senate, and work to get it done. if the president acts in this spirit, i have no doubt he will have the support of his own party and a willing partner in hours. the american people will criticize of relief knowing not only that we have avoided a crisis, but that washington can feel their interests. unless we act, americans will face a combination of defense cuts
as did bill clinton with the republican controlled house and republican controlled senate after a more resounding second term victory then president obama. both examples, both of them, illustrate the rare opportunity that divided government presents. president obama can follow suit or he can take the extremist view that both reagan and clinton rejected by founding his nose at the other side and insisting that if republicans are not willing to do things his way he will not do anything at all. if...
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Nov 14, 2012
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as bill clinton might say, it's just arithmetic. in fact, this situation of a divided government has only two possible outcomes -- action based upon good faith compromise or no action resulting from political dead lock, and in my position, the latter, is not acceptable to the people of maine and to the people of the united states. we must find a way to act, because many of the problems before us, the debt and deficit is probably the best example, have a time fuse. the longer we avoid acting, the worse they get. in this case, no decision is itself a decision, and it is almost undoubtedly the wrong decision. the challenges before us are too great and the stakes are too high to allow partisan differents to keep us from finding common ground even on the most difficult issues, and i hope that in a small way, in a small way i may be able to act as a brim between the parties, an on -- bridge between the parties, an honest broker to help nudge us toward solutions. i talked to more than a dozen senators of both parties in the past three days
as bill clinton might say, it's just arithmetic. in fact, this situation of a divided government has only two possible outcomes -- action based upon good faith compromise or no action resulting from political dead lock, and in my position, the latter, is not acceptable to the people of maine and to the people of the united states. we must find a way to act, because many of the problems before us, the debt and deficit is probably the best example, have a time fuse. the longer we avoid acting,...
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Nov 13, 2012
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and clinton was directly involved. i can remember getting calls from him at weird hours of the night. i always wondered what he was doing up. [laughter] he would know the section of a bill and how much money was in it. and i remember one like the schip, the children's health care program. he said, can we add 10 million more which was chicken feet. he made concessions to us and we made concessions to him and we got the job done. i think i am going to act a little bit like a republican. first off, while the democrats won, i wouldn't call this a mandate. if there's a mandate, it is for the president and the congress to start working together. he doesn't talk to members of congress. democrats will tell you that. he just -- he hasn't been engaged. and the problem is not enough revenue. the problem is too much spending. now, i sound like a republican. the solution, though, is we're going to find a way to get more some revenue and the ways to do it that would still provide growth in the economy without stifling growth and we'
and clinton was directly involved. i can remember getting calls from him at weird hours of the night. i always wondered what he was doing up. [laughter] he would know the section of a bill and how much money was in it. and i remember one like the schip, the children's health care program. he said, can we add 10 million more which was chicken feet. he made concessions to us and we made concessions to him and we got the job done. i think i am going to act a little bit like a republican. first...
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Nov 15, 2012
11/12
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bill clinton and the republican congress doing welfare reform and balancing the budget. we look forward to making this divided government productive for the american people, and we have, as everyone knows, a lot of challenges at the end of the year. i will be meeting with the president and the other leadership on friday to talk about the way forward. we look forward to being a part of the solution to the significant problems. it is my pleasure to turn to our newly elected whip, senator john corn andyn of texas. >> -- senator john cornyn of texas. >> is an honor to serve as the assistant leader on the republican side. we have a lot of very difficult work to do, but we are committed to working with our colleagues across the aisle to solve the nation's urgent problems. we know what those are in the lame duck and we know what those are going forward. there is no mystery about that, nor is there any mystery to some of the solutions based on the president's own bipartisan fiscal commission and others that have laid out road maps and shown us a way to address those issues. i am
bill clinton and the republican congress doing welfare reform and balancing the budget. we look forward to making this divided government productive for the american people, and we have, as everyone knows, a lot of challenges at the end of the year. i will be meeting with the president and the other leadership on friday to talk about the way forward. we look forward to being a part of the solution to the significant problems. it is my pleasure to turn to our newly elected whip, senator john...
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Nov 17, 2012
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an election that dealt often content-free, in a curious way, if you think backk to bill clinton's speech at the democratic convention, that is exactly what it was. it is hard to imagine a single speech that more effectively moved the numbers on a very difficult divide. that tends to be set almost in concrete. it is unprecedented that one speaker in 50 minutes managed to move those numbers. that was the keynote speech not only for the convention but the campaign. it was not equal again by anyone. but it did not have to be. it weaker so after the election, we are being told new conventional wisdom. that debate did not matter. the fact of the matter is, at barack obama had another debate as bad as his first debate, we might be having a very different discussion. debates, for better or worse, produced the republican nominee. we were told that money and advertising are wildly exaggerated in their impact. but it had not been for mitt romney's money and carpet bombing of fizz opponent in the primaries, he would not have been nominated by a convention that never gave him it's hearty, , barely ga
an election that dealt often content-free, in a curious way, if you think backk to bill clinton's speech at the democratic convention, that is exactly what it was. it is hard to imagine a single speech that more effectively moved the numbers on a very difficult divide. that tends to be set almost in concrete. it is unprecedented that one speaker in 50 minutes managed to move those numbers. that was the keynote speech not only for the convention but the campaign. it was not equal again by...
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Nov 14, 2012
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attended by hillary clinton and leon panetta. they held as as a major leap forward in bilateral cooperation. and an import a new frontier in that state's rebounds to the asia-pacific area. and an update on the david petearus situation. leading investigators to a questionable relationship between the tampa florida socialite and the general commander of the war in afghanistan. their main question was a national security threatened? the extramarital affair was between the general petraus and paula broadwell. is a sense harassing e-mails to a woman -- who they say send harassing e-mails to a woman, jill kelley. jill kelley treated thousands of applications messages with the general john allen. possible evidence of another inappropriate relationship. defense secretary leon panetta speaking earlier today and australia says he has continued confidence in a general john allen to remain as commander of united states forces in afghanistan, despite his connection to the scandal. we will hear more on the scandal later today when president ob
attended by hillary clinton and leon panetta. they held as as a major leap forward in bilateral cooperation. and an import a new frontier in that state's rebounds to the asia-pacific area. and an update on the david petearus situation. leading investigators to a questionable relationship between the tampa florida socialite and the general commander of the war in afghanistan. their main question was a national security threatened? the extramarital affair was between the general petraus and paula...
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Nov 20, 2012
11/12
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clinton expire. that meant the so-called payroll rules that you could not end up doing that finance it cuts, could not expand new government programs of the should pay for it. they expired. washington spun out of control. three things happen in 2003. the second round of tax cuts, we could not afford them. we invaded a sovereign nation without declaring war, without paying for it -- iraq. we expanded medicare to add prescription drugs, added $8 trillion to medicare was already underfunded about $20 trillion. irresponsible. things have frankly gotten worse since. host: mike, centerville, massachusetts. a democrat. caller: hi. i am wondering why since our healthcare system is one of the biggest drivers on our national debt what we never hear cbo numbers comparing single payer to the private situation have in place now. guest: mike, cbo is generally requested to do work. frankly, they have a huge supply and demand imbalance. they're getting a lot more requests than resources -- then they have resources t
clinton expire. that meant the so-called payroll rules that you could not end up doing that finance it cuts, could not expand new government programs of the should pay for it. they expired. washington spun out of control. three things happen in 2003. the second round of tax cuts, we could not afford them. we invaded a sovereign nation without declaring war, without paying for it -- iraq. we expanded medicare to add prescription drugs, added $8 trillion to medicare was already underfunded about...
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Nov 14, 2012
11/12
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when bill clinton was president, we got things done. welfare reform, put ability of insurance. balanced-budget and a surplus. clinton was directly involved. i remember getting a call from him at weird hours of the night. [laughter] >> i always wondered what he was doing a. [laughter] >> but he would know the section of the bill and how much money was in it. and i remember there was one like the children's health care thing and he said, i don't know, let's add 10 million more. but we made some concessions to him and he made concessions to us and we got the job done. but i guess now i'm going to begin to act a little bit like a republican. first of all, while the democrats won, i would not call this a mandate. there is a mandate, it is for the president and the congress to start working together. he does not talk to the members of congress. democrats will tell you that. he hasn't been engaged. the problem is not enough revenue. the problem is too much spending. now, some of the republican. the solution is that we are going to have to find are going to have to finally gets more re
when bill clinton was president, we got things done. welfare reform, put ability of insurance. balanced-budget and a surplus. clinton was directly involved. i remember getting a call from him at weird hours of the night. [laughter] >> i always wondered what he was doing a. [laughter] >> but he would know the section of the bill and how much money was in it. and i remember there was one like the children's health care thing and he said, i don't know, let's add 10 million more. but we...
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Nov 14, 2012
11/12
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. >> are you saying the republicans don't agree to raise the top back to where they were when bill clinton left office going over the fiscal cliff? >> i don't see a realistic way to solve this without a recognition. let's see the positive side. it's encouraging use in the leadership recognize we are going to have to generate and that's a good recognition, but you know, we're just at the beginning. we will see how that goes. i agree this is going to be tough. i know the lack of clarity on the resolution is going to be a burden and cause some uncertainty but we have to go through because we are going to govern this country better if we are going to find a better way to make sure we are supporting things that will improve the long-term growth in the country we have to figure out a way to resolve the current divide on these basic questions about the long-term. i think that is worth trying to do. >> well, as you have said and the president said we have to both raise taxes and restrain spending. the president's proposal so far on medicare has been largely limited to the provider side. is the pre
. >> are you saying the republicans don't agree to raise the top back to where they were when bill clinton left office going over the fiscal cliff? >> i don't see a realistic way to solve this without a recognition. let's see the positive side. it's encouraging use in the leadership recognize we are going to have to generate and that's a good recognition, but you know, we're just at the beginning. we will see how that goes. i agree this is going to be tough. i know the lack of...
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Nov 18, 2012
11/12
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that's bill clinton. he went to georgetown, freshman and sophomore class president, and later in the juneon year, ran for senior class president, and they were sick of him, and defeated him again. he ran for any presidency he could find, and he eventually got the big one. [laughter] elected there twice. people ask what he's going to do after he's done being president? he'll be done being president, which he did this year, much to barack obama's -- [applause] he ran 37 times this year for barack obama. [laughter] barry obama in high school had no political inclinations whatsoever. at the age of 18 -- i'm sorry, that's not the time the timer's supposed it off, but at age 18, left the island to go to college in los angeles, and, really, you see the first inklings of something. his mother, infused in him a spirit, a sensibility he was something special. yows not ad goo time charlie bear, there's a good reason for you to be on this earth. he started associating with the intellectual older kids at os dental, bu
that's bill clinton. he went to georgetown, freshman and sophomore class president, and later in the juneon year, ran for senior class president, and they were sick of him, and defeated him again. he ran for any presidency he could find, and he eventually got the big one. [laughter] elected there twice. people ask what he's going to do after he's done being president? he'll be done being president, which he did this year, much to barack obama's -- [applause] he ran 37 times this year for barack...
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Nov 20, 2012
11/12
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clinton expired. that meant that the so-called paygo rules on the finance tax cuts you couldn't expand new government programs unless you paid for, discretionary spending caps on the fed and other discretionary spending as fired and washington's fund totally out of control. three things happened in 2003. the second round of tax cuts we couldn't afford and we ought to return the deficits we invaded a sovereign nation without declaring war and without paying for it, and we expanded medicare to add prescription drugs added $8 trillion in the from the publications for medicare and was already a minn the underfunded. irresponsible, and things have gotten frankly worse since. >> host: mike is on the line from central massachusetts. mike is a democrat. good morning to you. >> caller: hello. i'm wondering why since our health care system is one of the biggest drivers in the national debt i'm wondering why we never hear the numbers comparing the single-payer system to the private health care system that we hav
clinton expired. that meant that the so-called paygo rules on the finance tax cuts you couldn't expand new government programs unless you paid for, discretionary spending caps on the fed and other discretionary spending as fired and washington's fund totally out of control. three things happened in 2003. the second round of tax cuts we couldn't afford and we ought to return the deficits we invaded a sovereign nation without declaring war and without paying for it, and we expanded medicare to...